Apartments Cypress Point Condo

$ 200,000
  • 1 bed
  • 1 bath
Interested in this listing?
We will connect you with an agent in a short time
Details
    • Listed on:
      August 25, 2026
    • Days on Market:
      14
    • Maintenance:
      1036
    • Taxes:
      $ 2,930 per year
    • Year:
      1982
    • Furniture:
      Unfurnished
    • Floor Description:
      Wood
    • Terms Considered:
      Cash, Conventional
    • View from Apartment:
      Water, Pond View, Pond
    • Parking:
      -
  • Building Features:
    • Sidewalk
  • Interior Features:
    • No Interior Features
  • Exterior Features:
    • Exterior Cat Walk
    • Balcony
    • Open Balcony
  • Legal Description:
    200 east palmetto park condo unit ph -1
Description
Fully updated and renovated 1 bedroom, 1 bath condo in Cypress Point at PGA National. The unit is currently leased on an annual basis at $2,100 per month, providing immediate rental income, with the tenant responsible for electricity and Wi-Fi. The property also features a brand new water heater. Offered at an attractive 7.76% cap rate, this is a turnkey opportunity for investors seeking strong in place income. This property is also being offered alongside two additional fully renovated units MLS #B26068273 and a third listing coming soon creating the opportunity to acquire a three unit investment portfolio with an average cap rate of approximately 7.5%. Units may be purchased individually or as a portfolio.
Map view